Net $204,560 & No Requirement to Live Onsite - ID 9138

$1,770,000

Permanent Management Rights for Sale
 Large Salary of $162K plus $23K Extra Rental Income

  • High and stable Body Corporate salaries totaling $162,714 + GST, with annual CPI increases. This guaranteed income represents more than two-thirds of net profit, providing exceptional income security.
  • High net operating profit of $204,560.
  • No requirement to live onsite.
  • Manageable workload at your own pace.
  • No set office hours.
  • All permanent rentals with a 24-unit letting pool, supported by 44 outside agents, offering strong growth potential in both rentals and sales
  • Long 25-year agreements, with 19 & 21 years remaining.
  • Additional partial residence rental income of $23,400.
  • One 3-bedroom double-storey townhouse with 1 bathroom plus an additional toilet, 1 garage, a spacious office, and large private courtyard.
  • Close to shops, major highways, and quality schools — highly convenient location.
  • Total selling price: $1,770,000 (including the 3-bedroom manager’s townhouse).

 

If you are seeking high and stable income, this is an opportunity you cannot afford to miss.

 Net Profit: $204,560
Asking Price: $1,770,000
(Inclusive of Manager's Real Estate)

 

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

 

Management Rights Broker
Bill He

 

 

 

Price $1,770,000
Location Carrara
Property ID 9138

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